Category: Business, Corporate & Commercial Law
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Probationary Employment in Nigeria: What Employers and Employees Should Know
Probationary employment gives an employer an opportunity to assess an employee before confirmation. But is an employee on probation the same as a temporary employee? Nigerian courts have distinguished the two concepts and explained the purpose of probation, the conditions governing termination during probation, and what employers and employees should consider.
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When an Employee Accepts Salary in Lieu of Notice: What Is the Position of Nigerian Law?
Accepting salary in lieu of notice may amount to acceptance of termination in an ordinary employment, but it does not necessarily validate a termination that is void for failure to comply with a mandatory statutory procedure.
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Can a Foreign Shareholder Pay for Land Bought by a Nigerian Company?
Can a foreign shareholder personally pay for land acquired by a Nigerian company without becoming the owner? This article examines corporate ownership, shareholder funding, transaction documents, title perfection, and the legal distinction between paying for company property and owning it.
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No Refund Policy in Nigeria: Can a Business Legally Refuse to Refund a Customer?
Can a business in Nigeria legally operate a “No Refund Policy”? This article examines consumer rights, when a refund may be required, and whether a business can rely on a no-refund policy where goods or services are defective, misrepresented, undelivered, or otherwise fail to meet agreed terms.
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Who Are You Really Contracting With? The Legal Risks of Dealing With Unregistered Companies in Nigeria
Before signing a contract, make sure the company named in it actually exists. Nigerian law draws an important distinction between registered companies, business names and unincorporated entities.
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When Does a Loan Transaction Become Money Lending Under Nigerian Law?
Not every person who gives out a loan in Nigeria automatically qualifies as a money lender under the law. This article examines Nigerian appellate Court decisions on money lending transactions, licensing requirements, interest charges, enforceability of loan agreements, and the legal effect of violating Money Lenders Laws.
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Legal Personality of Nigerian Companies
The doctrine of legal personality recognizes a company as a separate entity distinct from its members. This article explains the concept, its statutory basis under CAMA, and its implications in Nigerian law.
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What Claimants Must Prove in a Breach of Contract Case in Nigeria
To succeed in a breach of contract case in Nigeria, a claimant must establish the essential facts and legal elements supporting the claim.
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Guarantors Beware: The Legal Obligations of Guarantors and Sureties in Nigeria
Guaranteeing another person’s obligations can create significant legal responsibilities. This guide explains the obligations of guarantors and sureties in Nigeria and the consequences that may follow.
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Air Carrier Liability and Passenger Rights in Nigeria
Air carrier liability and passenger rights in Nigeria cover the legal protections and remedies available when flights are delayed, cancelled, disrupted or otherwise go wrong.
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Handling Debt Recovery Legally: A Practical Guide for Businesses and Individuals in Nigeria
Businesses and individuals seeking to recover outstanding debts in Nigeria must follow the appropriate legal steps and procedures to pursue repayment lawfully.
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Debt Recovery Actions in Nigeria: What the Law Requires for Success
To succeed in a debt recovery action in Nigeria, a creditor must establish the essential facts and legal basis for the claim.
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5 Legal Documents Every Nigerian Business Owner Must Have
Five key legal documents can help Nigerian business owners establish clear business relationships, manage legal risks and protect their commercial interests.
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How to Choose the Best Business Structure for Your Company
Choosing the right business structure in Nigeria requires careful consideration of factors such as ownership, liability, taxation, management and the nature of the business.
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Legal Guide for foreign investors in Nigeria
Foreign investors entering the Nigerian market must navigate important legal and regulatory requirements. This article examines key considerations, including business incorporation, foreign investment, regulatory compliance, expatriate employment, intellectual property, commercial contracts and dispute resolution in Nigeria.
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How to Register Trademarks, Patents, NAFDAC, SCUML, and Tax Certificates in Nigeria
Businesses in Nigeria must comply with several regulatory and legal requirements, including trademark registration, patent protection, NAFDAC approval, SCUML certification, and tax registration. This guide explains the key steps involved in securing these registrations and maintaining regulatory compliance.
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Essential Elements of a Valid Contract under Nigerian Law
Learn the essential elements of a valid and enforceable contract under Nigerian law, including offer and acceptance, consideration, intention to create legal relations, capacity, legality, and certainty of terms.
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How to Register a Company in Nigeria: Step-by-Step Guide
Registering a company in Nigeria involves choosing the appropriate business structure, reserving a business name, completing registration with the Corporate Affairs Commission (CAC), meeting tax and regulatory requirements, and complying with post-incorporation obligations. This updated guide explains the key steps entrepreneurs should consider when setting up a company in Nigeria.
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How to Register and Operate an NGO in Nigeria: Legal Requirements and Compliance Guide
Learn how to register and operate an NGO in Nigeria. This updated guide explains Incorporated Trustees, CAC registration, governance, tax compliance, SCUML considerations and ongoing legal obligations.